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Your portfolio has 40% of its value invested in Firm III and the remainder invested in Firm JJJ. Firm III stock has a standard deviation

Your portfolio has 40% of its value invested in Firm III and the remainder invested in Firm JJJ. Firm III stock has a standard deviation of 30%, while Firm stock has a standard deviation of 12%. If the correlation between the two firms is what is the standard deviation of your portfolio? ( Provide the numeric answer to 3 decimal places. For example, if your answer is 5.9458%, please type 0.059)

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